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Novi, MI Real Estate

Novi, Michigan is located in Oakland County. Nearby cities and towns include Northville, Wixom, Walled Lake, Wolverine Lake, Farmington, Farmington Hills, Plymouth, Livonia, South Lyon, Milford, Orchard Lake Village, Franklin, Bingham Farms, Keego Harbor, Southfield, Westland, Sylvan Lake, Beverly Hills, Garden City, Lathrup Village, Whitmore Lake, Bloomfield Hills, Birmingham, Wayne, Dearborn Heights, Berkley, Brighton, Inkster, Oak Park, Pontiac, Huntington Woods, Lake Angelus, Royal Oak, Pleasant Ridge, Ypsilanti, Barton Hills, Clawson, Dearborn, Village of Clarkston, Auburn Hills, Ferndale, Ann Arbor, Romulus, Troy, Belleville, Madison Heights, Hazel Park, Detroit, Highland Park, Allen Park, Taylor, Melvindale, Rochester Hills, Dexter, Lincoln Park, Hamtramck, Holly, Pinckney, River Rouge, Center Line, Ecorse, Warren, Rochester, Southgate, Howell, Lake Orion, and Sterling Heights. Novi is an urban community with a population of 55,272. The median household income is $81,350. In Novi, 56% of residents are married, and families with children reside in 35% of the households. Half the population of Novi commutes 24 minutes or less to work, with 62% of residents holding white collar jobs and 38% residents holding blue collar jobs. The median age of homes in Novi, MI is 15 years, with 60% of those homes owned, 32% rented, and 7% not occupied. In the previous year, 1010 Novi properties were sold. The median sale price of a home in Novi in the previous year was $236,182.

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About Schools in Novi, MI

Novi offers a range of educational opportunities with 9 elementary schools, 2 middle schools and one high school.

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Novi, MI Local Market & Demographic Data

Married vs. single

Novi, MI
  • 44% Single
  • 56% Married
Michigan
  • 50% Single
  • 50% Married

Male VS. Female

Novi, MI
  • 52% Female
  • 48% Male
Michigan
  • 51% Female
  • 49% Male

Average Age of Citizens in Novi, MI

  • 38
  • 39
  • Novi, MI
  • Michigan

Average Age of Homes in Novi, MI

  • 15
  • 35
  • Novi, MI
  • Michigan

Vacant Homes in Novi, MI

  • 7%
  • 14%
  • Novi, MI
  • Michigan

Average INCOME of Citizens

  • $114,633
  • $64,764
  • Novi, MI
  • Michigan

Owned Homes vs. Rented Homes

Novi, MI
  • 60% Owned
  • 32% Rented
Michigan
  • 60% Owned
  • 26% Rented